KSB Pump has delivered good Q4 results & FY 20 results are good too looking at COVID affected year. Company has declared increased dividend of Rs 8.5 Stock touches Rs 745 today ,the given target of Rs 700 achieved in less than 100days.
With increase in CAPEX cycle of Indian industry FY 21 looks promising for KSB, Long term investors may stay invested short term investors may book profit.
Happy investing.
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